RenX Enterprises Corp. (RENX) Stock

RenX Enterprises Corp. (RENX) is a Utilities stock trading at $2.14 (as of 2026-09-02), with a market capitalization of $5.66M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

RenX Enterprises Corp. provides real estate development services, developing sites using purpose-built prefabricated modules made from wood and steel. The modules are sourced from Safe & Green Holdings factories and operated by SG Echo; the company is headquartered in Miami, Florida.

Understand RenX Enterprises Corp.: how it makes money

RenX develops real estate sites using prefabricated wood and steel modules built by Safe & Green Holdings and assembled through SG Echo, earning fees from site development. It is a pre-scale operation still burning cash at the operating level, fully dependent on one modular supply ecosystem.

RenX's profit is the spread between prefabricated module cost and developed-site price (a 32% gross margin), but fixed development overhead consumes all of it and more until project volume scales.

Business quality (Unprofitable): Unprofitable, pre-scale micro-cap with no meaningful revenue, a deeply negative operating margin, and a single-supplier dependency that caps the near-term upside.

Bull case

  • Modular model captures real spread: A 32% gross margin (10-Q) shows the prefabricated-module approach leaves a meaningful cushion between SGH procurement cost and end-site pricing, which is the foundation for unit economics to improve as project volume scales.

Bear case

  • Overhead swamps the margin: Operating margin sits at -70% (10-Q), meaning the company spends several dollars in fixed development costs for every dollar of gross profit it captures. Until revenue scales substantially, the development wrapper is deeply loss-making.
Valuation — source: SEC EDGAR (first-party)
Price$2.14
Market Cap$5.66M
Price / Book0.80
Price / Sales0.38
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$8.22M
Net Margin-194.1%
Revenue Growth (YoY)203.4%
EPS Growth (YoY)34.5%
Financial Health — source: SEC EDGAR
Altman Z-Score-2.74 (distress)
Valuation vs Sector & Industry
Sector P/E (Utilities)21.0
Industry P/E (Other)20.6
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderJANE STREET GROUP, LLC ($11078.00)
Institutional Holders Tracked10
Company
SectorUtilities
IndustryOther
CEODavid Villarreal Jr.
Employees6
CountryUS
IPO Date1994-10-06

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RENX earnings history · RENX institutional & insider holders · RENX KPIs & operating metrics · RENX financials · RENX investor presentations & press releases · RENX SEC filings · RENX peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.